Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Zman Market Timing -- Ignore unavailable to you. Want to Upgrade?

To: Fiscally Conservative who wrote (304)	10/22/2013 10:30:14 AM
From: zman69	Read Replies (1) \| Respond to of 15903

Could be... With Teaparty HOPEFULLY neutered at long last, the destructive Austerity campaign should be winding down, so that certainly a big plus for the economy and the stock market. Now throw in a postponement of the "taper" until sometime in 2014, and add in positive seasonality about to kick-in, I must admit it is hard to see the FA that would produce I big market decline getting underway right now. Of course there are always those unforeseen events that can arise, and my longer-term cycle work still shows that 2014 will be a mini-bear or even in the most bullish scenario it should be a choppy trading range. And of course, as long as DJIA stays below it's 9/19 Zman top we should temper upside expectations. In short, I think it is still likely we get some market indigestion in 2014 as another round of budget battles gets underway and/or the "taper" talk re-emerges. But I am also open to the possibility that this market continues to grind higher into early 2014 before we get that correction, given the supportive FA and as we enter the typically positive seasonality period. As noted the next 1-2 days should see a short-term top and then the pullback from that will be very critical to watch...